SMART WIRES TECHNOLOGY LTD, Q1 2022 INTERIM REPORT
“We have a growing backlog of approximately $60M for 2022 deliveries with more commitments expected in Q2, and a strong pipeline of projects for 2023, 2024, and beyond. Interest in our technology continues to grow and supports our projection for three phases of growth; applications of SmartValve technology to solve grid challenges, followed by services layered on top of our technology delivering system integration and flexibility, and ultimately new business models and opportunities like PaaS and SaaS.” Peter Wells CEO of Smart WiresThe Company’s Key Business Highlights for Q1 2022: